Steel Products Prices North America
May 21, 2015
May Steel Import License Data Indicating Slowdown?
Written by John Packard
Steel Market Update (SMU) is picking up a small reduction in the daily steel import license data rate compared to prior months. As you can see from our table below, based on the third week of the month import license data as provided by the U.S. Department of Commerce, May is running at a 117,150 ton rate, down from 121,561 tons per day in April. What concerns us is the relative lack of movement lower on flat rolled products. Hot rolled, cold rolled and coated products (see below table).
